Mr. Speaker, I am interested in the fiscal relationships the hon. member has described.
I will go back to revenues for provinces and the federal government. The one that really sticks in the craw of the NDP is the one reducing corporate income taxes at the federal level. That is one of the prime reasons we have trouble supporting the budget both now and in the past.
Is it not true that the best place to collect corporate taxes is at the federal level? At the provincial level we have seen the situation where the provinces are fighting with each other for the lowest rate in order to attract corporations to actually file in their province. When we degrade corporate income tax at the federal level, we are degrading the one that is uniform across the country and does not have this problem.
I would like the hon. member to speak to that point because the Liberals introduced the idea of reducing corporate tax a number of years ago.